Canada to mirror US tariffs after failed talks, calling them a miscalculation

1 min read
Source: BBC
Canada to mirror US tariffs after failed talks, calling them a miscalculation
Photo: BBC
TL;DR Summary

After the collapse of trade talks, Prime Minister Mark Carney calls the fresh US tariffs a miscalculation designed to hurt and divide Canada and says Ottawa will retaliate dollar-for-dollar from Sept. 8 on about $20 billion of imports (roughly 5%), including wine, dairy, cement, clothing and hockey equipment, on top of existing duties on steel, aluminum, autos and lumber. The move follows tense negotiations over USMCA renewal, with Canada and various provincial leaders backing or urging renewed talks, while President Trump has yet to comment.

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